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Zillow Group, Inc. (Z) shares are showing momentum at Friday morning trade as the real estate company recorded a swing to a profit in the post-pandemic third quarter.


RTTNews | Nov 6, 2020 10:06AM EST

10:06 Friday, November 6, 2020 (RTTNews.com) - Zillow Group, Inc. (Z) shares are showing momentum at Friday morning trade as the real estate company recorded a swing to a profit in the post-pandemic third quarter.

The company reported third-quarter net profit of $39,57 million, compared to loss of $64.65 million in the previous year.

Total revenues for the quarter declined 12 percent to $656.69 million from $745.21 million last year.

Currently, Z is gaining 12.29 percent at $116.61, compared to its previous close of $103.85.

Read the original article on RTTNews ( https://www.rttnews.com/3144001/stock-alert-zillow-group-up-12-on-q3-profit.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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